OFF MARKET

Listed by Jim Stopple • Madison Property Management, Inc. Bought with @properties-elleven Christie's International.

Off market dec 2024 for $807K

—

Est. refi paymentEst. refi $5,363/mo

•

—

sq ft

401 W Main St, Madison, WI 53703

About this home

Public Remarks: 3 unit rental property located downtown on the corner of S. Broom St. & W. Main St. just 3 blocks from the Capitol & Lake Mendota. All three units are 3 bedrooms with 1 full bath and central AC. Fully leased for the 2024-2025 & 2025-2026 rental season (with slight rent increases). New roof in 2017 per city assessor, washer/dryer onsite, all tenants pay gas & electric. Great location, easy to rent, reliable rental history and walking distance to UW.

Multi-familyProperty Type

1899Year Built

2,178 sq ftLot Size

Listed by Jim Stopple • Madison Property Management, Inc.

Listed by Tony Xiong • Madison Property Management, Inc.

Bought with Melissa Legrand • @properties-elleven Christie's International

Redfin checked: a minute ago

•Source:SCWMLS as distributed by WIREX #1988164

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 53703, WI

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.4%

1.3% MoM

Median sale price

$441K

$19K MoM

Avg. days on market

70d

14 days MoM

Recently sold homes

6 MoM

New listings for sale

$910,000
2 beds2 baths1,593 sq ft
211 S Henry St #402, Madison, WI 53703
Maria Antoinette Cannarella • Restaino & Associates
$399,900
3 beds2 baths1,074 sq ft
311 N Hancock St #232, Madison, WI 53703
Erin Flesch • MHB Real Estate
$409,000
2 beds1 bath935 sq ft
617 E Dayton St Unit A, Madison, WI 53703
Caleb Payne • Madcityhomes.Com
3D WALKTHROUGH
$6,250,000
— beds— baths— sq ft
219 N Frances St, Madison, WI 53703
Ryan Schmitz • The Hub Realty
$1,800,000
— beds— baths— sq ft
933 Spaight St, Madison, WI 53703
Ryan Schmitz • The Hub Realty
$585,000
3 beds1.5 baths1,609 sq ft
733 E Gorham St, Madison, WI 53703
Chris Barreau • MHB Real Estate
See all

Provided by Redfin

Sale history for 401 W Main St

Year

Property tax

Land + Additions

Assessment*

2025

$14,974 (+25.3%)

$84,800 + $722,700

$807,500

2024

$11,946 (+3.7%)

$84,800 + $594,700

$679,500

2023

$11,519 (−3.2%)

$84,800 + $550,200

$635,000

2022

$11,900 (−3.2%)

$80,800 + $524,000

$604,800

2021

$12,297 (+10.0%)

$80,800 + $495,200

$576,000

2020

$11,175 (+4.6%)

$78,400 + $422,500

$500,900

2019

$10,680 (+0.2%)

$59,800 + $417,200

$477,000

2018

$10,664 (−3.5%)

$59,800 + $417,200

$477,000

2017

$11,049 (+2.2%)

$59,800 + $417,200

$477,000

2016

$10,811 (+8.3%)

$54,400 + $399,900

$454,300

2014

$9,984 (+1.1%)

$54,400 + $357,700

$412,100

2013

$9,877

$51,300 + $348,800

$400,100

Tax history for 401 W Main St

Year

Property tax

Land + Additions

Assessment*

2025

$14,974 (+25.3%)

$84,800 + $722,700

$807,500

2024

$11,946 (+3.7%)

$84,800 + $594,700

$679,500

2023

$11,519 (−3.2%)

$84,800 + $550,200

$635,000

2022

$11,900 (−3.2%)

$80,800 + $524,000

$604,800

2021

$12,297 (+10.0%)

$80,800 + $495,200

$576,000

2020

$11,175 (+4.6%)

$78,400 + $422,500

$500,900

2019

$10,680 (+0.2%)

$59,800 + $417,200

$477,000

2018

$10,664 (−3.5%)

$59,800 + $417,200

$477,000

2017

$11,049 (+2.2%)

$59,800 + $417,200

$477,000

2016

$10,811 (+8.3%)

$54,400 + $399,900

$454,300

2014

$9,984 (+1.1%)

$54,400 + $357,700

$412,100

2013

$9,877

$51,300 + $348,800

$400,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

2.5

Lot width

—

Lot depth

—

Lot size

2,178 Sq. Ft.

Year renovated

1899

Sq. Ft.

3,060

Year built

1899

Style

Multi-Family (5+ Unit)

County

Dane County

APN

070923126051

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

DR2

Downtown Residential 2 District

These districts are intended to recognize historic Downtown neighborhoods comprised of predominantly residential uses with some non-residential uses. The districts are also intended to: Facilitate the preservation, development or redevelopment goals of the comprehensive plan and of adopted neighborhood, corridor or special area plans; Promote the preservation and conservation of historic buildings and districts while allowing selective infill and redevelopment based on the recommendations of adopted City plans; Ensure that new buildings and additions to existing buildings are designed with sensitivity to their context in terms of scale and rhythm, building placement, facade width, height and proportions, garage and driveway placement, landscaping and similar design features.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Fire house
Police station
Communications tower
Park & open space

Property details

Parking

Parking Information
Parking: No Parking

Interior

Room Information
Full, Walk Out/Outer Door

Multi-Unit Information
# of Units: 3

Unit 1 Information
Sq. Ft.: 1,145
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 3

Unit 2 Information
Sq. Ft.: 1,145
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 3
Master Bedroom Description: Upper Level
Master Bedroom Dimensions: 12 x 12
Bedroom 2 Description: Upper Level
Bedroom 2 Dimensions: 10 x 12
Bedroom 3 Description: Upper Level
Bedroom 3 Dimensions:
Living/Great Room Dimensions: 14 x 13
Kitchen Description: Upper Level
Kitchen Dimensions: 12 x 14

Unit 3 Information
Sq. Ft.: 770
# of Baths (Full): 1
# of Bedrooms: 3

Exterior

Building Information
Building Type: Apartment Building, 2 Story
Stories: 1-2

Exterior
Exterior: Vinyl, Aluminum/Steel

Property Information
Stories: 1-2
Multi-Family
Information Source Year Built: Assessor/Public Record

Lot Information
Lot Acreage: 0.05
Zoning: DR2

Financial

Tax Information
Total Taxes: $11,519
Tax Year: 2023

Utilities

Utility Information
Municipal Water, Municipal Sewer
Separate Electric Meters, Separate Gas Meters
Heating/Cooling: Forced Air
Natural Gas

Location

Neighborhood Information
Municipality: MADISON
Municipality Type: City

School Information
School District: Madison
Elementary School: Franklin/Randall
Middle School: Hamilton
High School: West

Public facts

Beds: 8
Baths: 3.0
Sq. Ft.: 3,060
Stories: 2.5
Lot Size: 2,178 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1899
Year Renovated: 1899
County: Dane County
APN: 070923126051

Home facts updated by county records on Oct 30, 2026

Other

Listing Information
SaleType: Arms Length
Inclusions: 3 water heaters, 3 furnaces, 1 washer, 1 dryer,
Exclusions: seller/tenants personal property

Around this home

Schools

K - 12
Preschool & daycare

Franklin Elementary School

Public PreK-2 • Assigned • 1.0mi

Hamilton Middle School

Public 6-8 • Assigned • 3.6mi

8/10

West High School

Public 9-12 • Assigned • 2.0mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Madison, WI • 53703

Average low and high temperatures (°F)

26°

12°

34°

19°

51°

32°

60°

41°

69°

49°

80°

62°

84°

68°

78°

62°

76°

57°

64°

48°

47°

35°

31°

19°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 3.5 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

3.5 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 401 W Main St

Data from public records.

Address	Redfin Estimate
405 W Main Street, Madison, WI 8 Beds \| 3 Baths \| - Sq. Ft.	$809,080
414 W Main Street, Madison, WI 6 Beds \| 6 Baths \| 3744 Sq. Ft.	—
35 S Broom Street #108, Madison, WI 1 Beds \| 1 Baths \| 546 Sq. Ft.	$244,114
412 W Doty Street, Madison, WI 11 Beds \| 3 Baths \| - Sq. Ft.	$1,146,771
112 S Broom Street, Madison, WI 6 Beds \| 2 Baths \| - Sq. Ft.	$617,195
20 S Broom Street, Madison, WI 5 Beds \| 2 Baths \| 2028 Sq. Ft.	—
35 S Broom Street, Madison, WI 1 Beds \| 1 Baths \| 546 Sq. Ft.	$241,281

Address	Redfin Estimate
412 W Main Street, Madison, WI 11 Beds \| 6.5 Baths \| 5653 Sq. Ft.	—
16 S Broom Street, Madison, WI 5 Beds \| 2 Baths \| 1400 Sq. Ft.	$536,021
22 S Broom Street, Madison, WI 7 Beds \| 2 Baths \| 2287 Sq. Ft.	$607,709
408 W Doty Street, Madison, WI 8 Beds \| 2 Baths \| - Sq. Ft.	$714,999
110 S Broom Street, Madison, WI 7 Beds \| 2 Baths \| - Sq. Ft.	$717,128
416 W Doty Street, Madison, WI 4 Beds \| 4 Baths \| 3120 Sq. Ft.	—
31 S Broom Street, Madison, WI 1 Beds \| 1 Baths \| 655 Sq. Ft.	$271,971

Address	Redfin Estimate
418 W Main Street, Madison, WI 1 Beds \| 5 Baths \| 3950 Sq. Ft.	—
404 W Doty Street, Madison, WI 6 Beds \| 3 Baths \| - Sq. Ft.	$612,362
420 W Doty Street, Madison, WI 4 Beds \| 1 Baths \| 1544 Sq. Ft.	$464,312
418 W Doty Street, Madison, WI 6 Beds \| 2 Baths \| 1904 Sq. Ft.	—
120 S Broom Street, Madison, WI 5 Beds \| 1.5 Baths \| 2620 Sq. Ft.	$802,810
30 S Broom Street, Madison, WI - Beds \| - Baths \| 2752 Sq. Ft.	—
27 S Broom Street, Madison, WI 2 Beds \| 1 Baths \| 798 Sq. Ft.	$323,859

Property information provided by SCWMLS as distributed by WIREX when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 53703, WI

Sale history for 401 W Main St

Tax history for 401 W Main St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 53703

Home values near 401 W Main St

More real estate resources